1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vaselesa [24]
3 years ago
14

In january, the total number of employees at a factory was reduced by 8%. in july, the demand for the factoryâs product increase

d so the total number of employees was increased by 8%. the total number of employees at the factory in january, before the number of employees was reduced, was 326. what was the total number of employees at the factory a
Business
1 answer:
enyata [817]3 years ago
5 0
 If there was an 8% reduction that means there are 92% were left: .92(326) = 299.92 (round it off to nearest tenths, so it will become 300) 
Then, this number was then increased by 8%, to a total of 1.08 (300) = 324 
There were 324 employees after the July increase.
Alternative solution:

Reduction of 8% 326 x.08 = 26.00 So there is 26 people who were reduced, so deduct that from the 326.326 - 26 = 300 
There is a remaining 300 employees. But there is an increase of 8%300 x.08 = 24.00 
Add the 24 to the remaining, that is the total number of the employees in the factory,

300 + 24 = 324 employees
You might be interested in
Bindy Crawford created a corporation providing legal services, Skysong, Inc., on July 1, 2022. On July 31 the balance sheet show
ad-work [718]

Answer:

Bindy Crawford

1. Tabular Analysis of the August Transactions:

       Cash   Accounts  Supplies  Equipment  Accounts  Common  Retained

                  Receivable                                      Payable                    Earnings

7/31   $4,600  $7,400      $730        $9,900      $9,100    $11,700       $1,830

8/1      +1,200   -1,200

8/4     -2,770                                                        -2,770

8/9     +3,510  +2,540                                                                           +6,050

8/15       -510                                       +4,180     +3,670

8/19   -2,480                                                                                          -2,480

8/23     -670                                                                                             -670

8/26 +5,700                                                      +5,700

8/31      -370                                                                                             -370

8/31  $8,210  $8,740       $730       $14,080  $15,700     $11,700     $4,360

2. Income Statement for the month of August

Service revenue                $6,050

Salaries expense    $1,390

Rent expense              760

Advertising expenses 330

Utility expenses          370   2,850

Net income                        $3,200

3. Retained Earnings Statement for the month of August

Retained earnings, July 31    $1,830

Net income                             3,200

Dividends                                  (670)

Retained earnings, Aug. 31 $4,360

4. Classified Balance Sheet as of August 31

Assets

Current Assets:

Cash                        $8,210

Accounts receivable 8,740

Supplies                       730     $17,680

Long-term Assets:

Equipment                              $14,080

Total assets                            $31,760

Liabilities and Equity

Current liabilities:

Accounts Payable 10,000

Notes Payable        5,700      $15,700

Equity:

Common stock      11,700

Retained earnings 4,360     $16,060

Total liabilities and equity    $31,760

Explanation:

a) Data and Analysis:

8/1 Cash $1,200 Accounts receivable $1,200

8/4 Accounts payable $2,770 Cash $2,770

8/9 Accounts receivable $2,540, Cash $3,510 Service revenue $6,050

8/15 Equipment $4,180 Cash $510 Accounts payable $3,670

8/19 Salaries expense $1,390, Rent expense $760, Advertising expenses $330 Cash $6,150

8/23 Cash dividend $670 Cash $670

8/26 Cash $5,700 Note payable (American Federal Bank) $5,700

8/31 Utility expenses $370 Cash $370

Tabular Analysis of the August Transactions:

       Cash   Accounts  Supplies  Equipment  Accounts  Common  Retained

                  Receivable                                      Payable                    Earnings

7/31   $4,600  $7,400      $730        $9,900      $9,100    $11,700       $1,830

8/1      +1,200   -1,200

8/4     -2,770                                                        -2,770

8/9     +3,510  +2,540                                                                           +6,050

8/15       -510                                       +4,180     +3,670

8/19   -2,480                                                                                          -2,480

8/23     -670                                                                                             -670

8/26 +5,700                                                      +5,700

8/31      -370                                                                                             -370

8/31  $8,210  $8,740       $730       $14,080  $15,700     $11,700     $4,360

7 0
3 years ago
Durable ceramics, inc., provides inexpensive ceramic tile to builders of institutional buildings such as schools, prisons, and p
anzhelika [568]

Answer:

d. cost-less will go out of business, and durable will gain higher power over its customers.

Explanation:

Durable ceramics, inc will only reduce its prices if this is to its advantage. We live in a capitalist world where companies make decisions based on their own benefits. In this case, in order for Durable ceramics, inc to lower its prices and have no losses, it would expand its sales. In this way, Durable ceramics, inc would be able to capture customers from its competitors, and could make them go bankrupt.

Thus, we can conclude that if Durable ceramics, inc reduced its prices, Cost-Less would go out of business and Durable would gain greater power over its customers.

5 0
3 years ago
Carly’s Clips charges for their grooming services based on the following:________.
Novay_Z [31]

Answer: $256

Explanation:

Using time and materials pricing, the total price for a job requiring 3 direct labor hours and $54 of materials will be calculated as:

Materials = $54

Add: Materials markup = 30% × $54 = 0.3 × $54 = $16.2 = $16

Add: Labour = 3 × $62 = $186

Total price of job = $256

7 0
2 years ago
The term demand loan refers to a loan
valina [46]

Answer:

The term demand loan refers to a loan for which the entire balance must be paid immediately at the lender's request.

Answer: D

Explanation:

A demand loan lets the lender shorten the notice period for recalling the loan, thereby using it as a borrowing instrument. Upon immediate notification, the borrower has to repay the entire loan amount along with any interest associated with it. By means of this arrangement, the borrower is enabled towards loan repayment at any time sans any early penalty of repayment. To illustrate, overdraft arrangement is variable from the normal lending approach, having maturity date already determined along with the payable schedule of payments.

4 0
3 years ago
If the fair price for a 4-year annuity paying $100 per year is $334.57, what is the yield to maturity on a four year zero–coupon
Harrizon [31]

Answer:

YTM = 8%

Explanation:

$100 per year up to 4 years means, each year, the FV = $100.

We know, Zero coupon bond = [Fair Value ÷ (1 + YTM)^{n}]

As the 4-year annuity paying the different YTM in the previous three years, 4th year YTM will be -

Bond value = \frac{100}{1 + 0.6} + \frac{100}{(1+0.07)^2} + \frac{100}{(1+0.08)^3} + \frac{100}{(1+YTM{4})^4}

or, $334.57 = $94.3396 + $87.3439 + $79.3832 + \frac{100}{(1+YTM{4})^4 }

or, $334.57 - 261.0667 = \frac{100}{(1+YTM{4})^4 }

or,  (1+YTM{4})^4 = ($100 ÷ $73.50)

or, 1 + YTM = (1.3605)^{\frac{1}{4}}

or, YTM = 1.08 - 1

YTM = 0.08 or 8%

4 0
3 years ago
Other questions:
  • When banks borrow and lend reserves in the federal funds market,
    13·1 answer
  • Cyclical unemployment is the fluctuating unemployment over the business cycle that increases during​ _____ and decreases during​
    13·2 answers
  • Dina loves to splurge on clothes. However, when she was shopping the other day, she bought much less than what she usually does
    10·1 answer
  • 4. In centralized decision making, authority is
    15·1 answer
  • You will be receiving cash flows of: $1,000 today, $2,000 at end of year 1, $4,000 at end of year
    9·1 answer
  • HVAC Services Inc. employs two hundred workers. Workers who lose their jobs with HVAC may have a right to continued health-care
    14·1 answer
  • Most people in the United States were not expecting the stock market to crash.
    14·1 answer
  • Both IFRS and U.S. GAAP allow deferred taxes to be: presented as noncurrent on the balance sheet. measured using a substantially
    11·1 answer
  • You are an executive with an internet merchandizing company. Azzamon Inc. You have been assigned the task of analyzing whether t
    7·1 answer
  • _______ applications allow you to perform tasks on your computer.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!